Helen of Troy (NASDAQ:HELE) Stock Price Up 5.1% – What’s Next?

Helen of Troy Limited (NASDAQ:HELE) was up 5.1% during trading on Monday . The company traded as high as $30.09 and last traded at $30.09. 489,091 shares traded hands during trading, a decline of 22% from the average daily volume of 626,178 shares. The stock had previously closed at $28.62.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on HELE. Zacks Research downgraded shares of Helen of Troy from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Weiss Ratings cut shares of Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st. Wall Street Zen upgraded Helen of Troy from a “hold” rating to a “strong-buy” rating in a report on Sunday, July 12th. UBS Group increased their price target on Helen of Troy from $25.00 to $28.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Finally, Canaccord Genuity Group raised their price objective on Helen of Troy from $23.00 to $25.00 and gave the stock a “hold” rating in a report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $26.50.

Helen of Troy Stock Down 5.3%

The stock has a market capitalization of $664.00 million, a P/E ratio of -1.58 and a beta of 1.31. The company has a current ratio of 1.78, a quick ratio of 0.81 and a debt-to-equity ratio of 0.82. The stock’s 50 day simple moving average is $28.40 and its 200 day simple moving average is $23.39.

Helen of Troy (NASDAQ:HELE) last issued its earnings results on Wednesday, July 8th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.15. The business had revenue of $402.12 million for the quarter, compared to analyst estimates of $374.55 million. Helen of Troy had a negative net margin of 22.70% and a positive return on equity of 6.46%. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.41 EPS. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. As a group, research analysts predict that Helen of Troy Limited will post 2.84 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Royal Bank of Canada raised its position in shares of Helen of Troy by 60.2% during the 1st quarter. Royal Bank of Canada now owns 7,102 shares of the company’s stock valued at $380,000 after acquiring an additional 2,670 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Helen of Troy by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,533 shares of the company’s stock valued at $724,000 after purchasing an additional 563 shares during the last quarter. Millennium Management LLC bought a new stake in Helen of Troy during the first quarter valued at $14,013,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Helen of Troy by 16.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 74,309 shares of the company’s stock worth $3,975,000 after purchasing an additional 10,397 shares during the period. Finally, American Century Companies Inc. raised its holdings in shares of Helen of Troy by 4.6% during the second quarter. American Century Companies Inc. now owns 57,265 shares of the company’s stock worth $1,625,000 after purchasing an additional 2,503 shares during the period.

About Helen of Troy

Helen of Troy Limited is a global consumer products company that designs, sources and markets a diversified portfolio of household, health and beauty brands. Headquartered in El Paso, Texas, the company operates through three principal segments—Health & Home, Housewares and Beauty—offering products under well-known names including OXO, Vicks, Braun, Honeywell Home, PUR and Hot Tools. Helen of Troy distributes its products through a combination of mass, specialty and e-commerce channels to consumers, retailers and distributors worldwide.

The Housewares segment features kitchen tools, gadgets and organizational solutions marketed primarily under the OXO brand, recognized for its ergonomic “Good Grips” design.